Next week's macro outlook: The Fed comes with "shutdown shackles", and gold faces a major test

PANews reported on October 25th that global markets experienced another turbulent week. Trade conflicts dominated market volatility this week. After soaring to an all-time high of $4,381 on Monday, gold prices plummeted, plummeting over 5% in a single day, its largest drop in nearly a decade. Although prices have since stabilized somewhat, and despite weaker-than-expected US CPI data, they still closed lower for the first time in ten weeks. The following are key market observations for the new week:

At 02:00 on Thursday, the Federal Reserve announced its interest rate decision

At 02:30 on Thursday, Federal Reserve Chairman Powell held a monetary policy press conference

At 1:15 AM on Friday, Logan, the 2026 FOMC voting member and president of the Dallas Fed, delivered a speech.

At 9:30 PM on Friday, Logan, the 2026 FOMC voting member and president of the Dallas Fed, will deliver a speech.

Until there is greater clarity on both inflation and the job market, Powell is unlikely to significantly change his language on the future path of policy while announcing a quarter-point rate cut. If the Fed questions the market's expected path of another 100 basis point rate cuts after October, the risk of disappointing traders increases.

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Author: PA一线

This content is for market information only and is not investment advice.

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